The index showed how the average mortgage size has picked up over the past year, largely driven by New South Wales and Victoria i.e. Sydney and Melbourne (click chart):
As noted above, with low interest rates, I'd expect to see many more investors.
That's pretty much my on-the-ground experience too, having been outbid for two properties in the last week, one of which went to a silly price.
There is more stock coming on to the market, but there is also masses of demand still there to soak it up.
That's why I believe dwelling prices will keep ticking up until mortgage rates revert higher.
Australia's central bank appears to remain the picture of sanguine calm as house prices continue to increase...